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Soros Fund Management

Soros Fund Management is a U.S. asset manager founded by George SorosGeorge SorosGeorge Soros is an American investor and philanthropist, the founder of the hedge fund Soros Fund Management and of the Open Society Foundations. He is known for macro trading and for shorting the British pound in 1992, is also a major political donor on the side of the U.S. Democratic Party, and has long been at the center of political controversy and conspiracy theories.Open the full entry in 1970 and headquartered in New York. It operates as a family office and serves as the principal asset manager for Open Society Foundations, investing across equity, credit and macro strategies.

Contents12 sections
Key facts

Founded by George Soros

George Soros founded Soros Fund Management in 1970 as a hedge-fund investment business.⁠[1]

Sterling Trade

The fund managed by Soros became widely known for shorting sterling. In a later interview, he recalled a position of approximately $10 billion and a profit of around $1 billion.⁠[2]

Beginning the Family-Office Transition

In its 2011 investor letter, the firm stated that it had effectively operated as a family office since changing its investment focus and converting Quantum Fund into Quantum Endowment Fund in 2000.⁠[3]

Partnering on Silver Lake Kraftwerk

Silver Lake announced Silver Lake Kraftwerk, a growth-capital strategy for the energy and resource sectors, with Soros Fund Management as a strategic partner. Its focus included energy efficiency, renewable energy and resource use.⁠[4]

Announcing the Return of Outside Capital

The firm told investors that, in response to new investment-adviser registration rules, it would complete its family-office transition by returning capital from outside investors who did not qualify as family clients, likely by year-end. The letter described this as completing an approximately 11-year transition.⁠[3]

Dawn Fitzpatrick Joins

Dawn Fitzpatrick joined Soros Fund Management after 25 years at UBS and its predecessors. The firm’s current leadership page lists her as chief executive officer and chief investment officer, overseeing investment and non-investment functions.⁠[5]

Endowment Funding for Open Society Foundations

Open Society Foundations announced that George Soros had transferred $18 billion of his personal wealth to fund its future work. Soros Fund Management currently serves as the foundations’ principal asset manager.⁠[6][7]

Launching a Climate Action Strategy

The firm’s climate progress report states that it launched its Climate Action Strategy in 2020 and has tracked portfolio emissions intensity since then.⁠[8]

Updating the Climate Investment Strategy

The updated strategy emphasizes grid security, resilience and energy affordability. It retains targets to reduce portfolio emissions intensity per dollar invested by 60% from a 2019 baseline by 2030 and achieve net-zero portfolio emissions by 2040.⁠[9]

Investment Activities and Capital Base

The firm allocates capital through internal teams and external managers across public and private equity, credit and macro strategies. Credit activities include corporate debt, structured products and private financing; macro strategies cover interest rates, foreign exchange and other assets.⁠[10]

The firm’s current website lists approximately $28 billion in assets under management, about 200 employees and offices in New York, Greenwich, Garden City, London and Dublin. It operates as a family office serving eligible family clients.⁠[7]

Related Organizations, Websites, and Public Accounts

Soros Fund Management: Official website: https://sorosfundmgmt.com/ (opens in a new window).⁠[7]

Sources

  1. The Life of George Soros (opens in a new window)
  2. The Great Anticipator (opens in a new window)
  3. Letter to Investors — July 26, 2011 (opens in a new window)
  4. Silver Lake to Launch New Investment Strategy Focused on Innovation in the Energy and Resource Sectors (opens in a new window)
  5. Dawn Fitzpatrick — Leadership (opens in a new window)
  6. George Soros (opens in a new window)
  7. Soros Fund Management (opens in a new window)
  8. 2024 Climate Action Progress Update (opens in a new window)
  9. Climate Action Strategy — November 2025 (opens in a new window)
  10. What We Do (opens in a new window)
  11. Soros Fund Management — LinkedIn (opens in a new window)